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2022
Exports $72.3kWorld Rnk 39 / 71
Flag Rnk 1206 / 1216
2022
Destination $40.5k Belgium
2021 - 2022
FASTEST GROWING MARKET $40.5kBelgium
2022
PRODUCT COMPLEXITY IN Nickel Ore-1.62Rnk 962 / 1025
2022
Imports $9.71kWorld Rnk 38 / 67
Flag Rnk 1212 / 1214
2022
Origin $4.57k Ireland
2021 - 2022
FASTEST GROWING ORIGIN $4.57kIreland
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $72.3k in Nickel Ore, making it the 39th largest exporter of Nickel Ore in the world. At the same year, Nickel Ore was the 1206th most exported product in United Kingdom. The main destination of Nickel Ore exports from United Kingdom are: Belgium ($40.5k), Germany ($13.3k), Denmark ($5.88k), Finland ($4.65k), and Netherlands ($2.87k).

The fastest growing export markets for Nickel Ore of United Kingdom between 2021 and 2022 were Belgium ($40.5k), Germany ($12.1k), and Finland ($4.65k).

Imports In 2022, United Kingdom imported $9.71k in Nickel Ore, becoming the 38th largest importer of Nickel Ore in the world. At the same year, Nickel Ore was the 1212th most imported product in United Kingdom. United Kingdom imports Nickel Ore primarily from: Ireland ($4.57k), United States ($2.72k), Finland ($1.65k), Sweden ($297), and China ($266).

The fastest growing import markets in Nickel Ore for United Kingdom between 2021 and 2022 were Ireland ($4.57k), Finland ($1.45k), and Sweden ($297).

Latest Trends

January 2024

About

Overview In January 2024 United Kingdom's Nickel Ore exports accounted up to £31.2k and imports accounted up to £1.52k, resulting in a positive trade balance of £29.7k. Between February 2021 and January 2024 the exports of United Kingdom's   Nickel Ore have increased by £30.3k (3.4k%) from £891 to £31.2k, while imports increased by £969 (176%) from £551 to £1.52k.

Destinations In January 2024, Nickel Ore were exported mostly to , and were imported mostly from United States (£1.52k).

Growth In January 2024, the increase in Nickel Ore's year-by-year exports was explained primarily by an increase in exports to . In August 2024, the increase in Nickel Ore's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2021 - January 2024)£30.3k(3.4k%)
IMPORT GROWTH (January 2020 - August 2024)£969(176%)
MAIN EXPORTER (January 2024)East Midlands Airport£31.2k
MAIN DESTINATION (January 2024)

This section shows Nickel Ore's exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Nickel Ore over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$72.3k
IMPORTS (2022)$9.71k
NET TRADE (2022)$62.6k

In 2022, United Kingdom exported $72.3k in Nickel Ore. The main destinations of United Kingdom exports on Nickel Ore were Belgium ($40.5k), Germany ($13.3k), Denmark ($5.88k), Finland ($4.65k), and Netherlands ($2.87k).

In 2022, United Kingdom imported $9.71k in Nickel Ore, mainly from Ireland ($4.57k), United States ($2.72k), Finland ($1.65k), Sweden ($297), and China ($266).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nickel Ore EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Belgium$40.5k (1%)
Germany$12.1k (985%)
Finland$4.65k (465k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nickel Ore BY United Kingdom WERE (2021 - 2022):
Ireland-$2.84k (-96%)
Switzerland-$14 (-100%)
Canada-$13 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Nickel Ore were:
Philippines $1.29B
New Caledonia $825M
Russia $411M
In 2022, United Kingdom's main importing competitors in Nickel Ore were:
China $2.96B
Canada $527M
South Korea $339M

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Trade Value of Nickel Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $7.46k
TOP IMPORT POTENTIALUnited States+ $6.46k

Nickel Ore’s highest export potential is Germany. With an export gap of $7.46k.   Nickel Ore’s highest import potential is United States with an import gap of $6.46k.

See methodology.

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